Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Pre-paid meal card compliance: conditions require employer-issued, employee-specific use for ready-to-eat food purchases. Prescribed conditions require that a non-transferable pre-paid electronic meal card be issued under an employer-framed scheme by an issuing bank, bear employer and employee identification, be limited to a single card per employee, be used only by the named employee to purchase ready-to-eat food or non-alcoholic beverages at designated member establishments, and that employers and member establishments maintain transaction details as required under the Act; the rule also defines issuing bank and member establishment and excludes outlets selling alcoholic beverages.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Pre-paid meal card compliance: conditions require employer-issued, employee-specific use for ready-to-eat food purchases.
Prescribed conditions require that a non-transferable pre-paid electronic meal card be issued under an employer-framed scheme by an issuing bank, bear employer and employee identification, be limited to a single card per employee, be used only by the named employee to purchase ready-to-eat food or non-alcoholic beverages at designated member establishments, and that employers and member establishments maintain transaction details as required under the Act; the rule also defines issuing bank and member establishment and excludes outlets selling alcoholic beverages.
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